Profitability and Cost Management Shared Interest Group

Driver / KPI Inventory Template

Purpose: To systematically document and track key revenue, cost, investment indicators, and associated drivers to ensure effective cost management and continuous improvement.

Contents:

1. Driver Identification

   • Driver Name: [Name of the driver]
   • Description: [Brief description of the driver]
   • Category: [Category of the driver, e.g., Financial, Operational, Customer, etc.]
   • Owner: [Person or department responsible for the driver]

2. Driver Identification

   • Driver Name: [Name of the KPI]
   • Description: [Brief description of the KPI]
   • Measurement Frequency: [Daily, Weekly, Monthly, Quarterly, Annually]
   • Target Value: [Desired value or range for the KPI]
   • Current Value: [Most recent value of the KPI]
   • Threshold Levels: [Extreme, Strong, Moderate, Weak, None]

3. Driver Relationship

   • Driver Name: [Name of the driver]
   • Driver Name: [Name of the cost driver]
   • Impact Level: [High, Medium, Low]
   • Comments: [Additional notes on the relationship]

4. Action Plan

   • Action Description: [Description of the action to be taken]
   • Responsible Party: [Person or department responsible for the action]
   • Due Date: [Date by which the action should be completed]
   • Status: [Not Started, In Progress, Completed]
   • Notes: [Additional notes on the action]